Tesla has reportedly told its suppliers that it has high production targets for its Cybertruck electric pickup trucks. The Cybertruck is expected to be produced at a rate of 375,000 units per year, with candidate models to be unveiled by the end of August. According to Tesla’s official website, deliveries of the Cybertruck are expected to begin at the “end of the third quarter”, or around September 2023.
CEO Elon Musk gave a production forecast for the Cybertruck during Tesla’s annual shareholder meeting. Initially, he thought 250,000 could be produced annually. He then revised this prediction, saying that the scale of production could be anywhere between 250,000 and 500,000 units.
Electrek’s acquisition of internal and supplier correspondence has revealed further information. The Cybertruck project is known to Tesla as “Project Everest”. In these messages, Tesla asked suppliers to prepare for a base annual production rate of 375,000 Cybertrucks. Although this seems more ambitious than what Musk said openly during the shareholder meeting, this number is still within the range of Tesla’s regular adjustments.
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The first Cybertruck candidate models, often referred to as “pre-production vehicles” or “release candidates”, will be unveiled by Tesla by the end of August, according to communications with suppliers. This is the final step before actual production begins. According to the current schedule, mass production of the Cybertruck should begin in the first half of October.
In addition, according to Tesla’s suppliers, initial deliveries of the Cybertruck will be made only to employees and insiders, following the same strategy used for the launch of the Model Y.
These improvements show Tesla’s commitment to bringing the long-awaited Cybertruck to market, as the company continues to refine its strategies and work closely with its suppliers to meet its manufacturing goals.